As there is no “one size fits all” succession plan, the process can feel daunting. Not knowing where or how to begin gives business owners an excuse to bury their heads in the sand and put off planning for another month…or years. Time flies when you are procrastinating! But as noted in earlier posts in

Time buys opportunity! By planning early, you create more opportunities to access strategies for sizeable tax savings, to find the right person to transition the business to and for cash to be generated to pay those exiting the business. As discussed in earlier blog posts in this series, it is never too early for a

When you started your business, you had a vision, goals and dreams. As your business grew and changed, a strategy and plan evolved. Whether these plans were formal or highly informal, you had some sense of the direction you wanted your business to take. All too often, exiting your business doesn’t get that same attention.

The simple answer is YES! Succession is a word that is often used, but what does it really mean? A complex and confusing topic, it lingers as the unspoken part of business planning, too large to tackle, genuinely the elephant in the room. It is difficult for many business owners to think about passing the

As a business owner, you expect your business not only to support your family but to fund your retirement. Those who get the most out of their business upon retirement, are those who prepare a succession plan that is in line with their business’ strategy. This is always driven by the goals of the business

ABOUT THIS BLOG

We are passionate about making a difference in your business and your life. We are accountants, advisors, business builders and entrepreneurs. As accountants and advisors, we are fortunate to work with highly profitable, growing businesses from a few employees to hundreds of employees. As business builders and entrepreneurs, we have grown our own businesses quickly and profitably. With this blog, we hope to share some of our observations, successes and lessons learned in the hope that the information will contribute to your success.